Home > Quick > Body

British Sugar Puts Cantley Factory Closure Under Review

clock
2026-07-21 16:21:57
British Sugar has proposed closing its Cantley sugar factory in Norfolk, putting more than 100 jobs at risk and potentially ending operations at the site from the end of February 2027, according to BBC reported. The company said the plan would improve efficiency and support the long-term future of the UK sugar industry, but also reflected low average European sugar prices, high energy costs and a long-term decline in sugar volumes. It will hold a consultation and begin discussions with Unite and other employee representatives. The closure would concentrate beet processing at British Sugar’s sites in Wissington, Bury St Edmunds and Newark. Cantley, opened in 1912, currently produces an average of 130,000 tonnes of sugar a year and received an £11m upgrade last year.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.